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Top249: Shopify partners with Coinbase

Learn more, scroll less. Curated AI/Tech/Business news and articles.

🌟 Welcome to the latest edition of Top249 🤩 

We're here to keep you updated on AI, tech, and business news and articles, so you can save time and focus on learning and growth.

Let's get started! 😎 

AI & Tech Frontier

  • Users are inadvertently sharing private chatbot conversations and browsing history via the Meta AI app’s “discover” feed, raising major privacy concerns

  • The app promotes content sharing under a guise of connection, but many conversations contain sensitive information users likely wouldn’t intend to publish

  • Experts warn that this unintended oversharing makes the app a serious privacy risk, essentially broadcasting users’ personal data without clear consent

  • DeepMind and Google Research launched Weather Lab, a research site using a new AI model that can simulate 50 cyclone scenarios up to 15 days in advance

  • Tested in collaboration with the U.S. National Hurricane Center, the AI model has outperformed traditional models by predicting storm paths about 87 miles closer on average

  • The tool is intended to augment—not replace—existing forecasting methods and is positioned as a research aid rather than a public warning system

  • A major Google Cloud Identity outage disrupted services like Replit, LlamaIndex, Weights & Biases, GitHub, Spotify, Twitch, Discord, and more

  • The outage began late morning PT and was traced to a failure in Google Cloud’s Identity and Access Management services

  • Teams from Replit and others confirmed their platforms were affected, prompting recovery operations and monitoring efforts

Business Briefs

  • Digital banking startup Chime raised $864 million in its IPO at $27 per share, valuing the company at approximately $11.6 billion

  • Its debut is seen as a key indicator for renewed activity in the fin-tech IPO market, though the valuation is well below a $25 billion private valuation in 2021

  • The IPO performance could influence other tech and fin-tech firms considering going public amid cautious investor sentiment

  • Shopify is integrating USDC payments via Coinbase and Stripe, allowing merchants to accept stablecoins that settle in fiat

  • Stripe’s solution supports USDC on Ethereum, Solana, and Polygon, charging merchants around 1.5% per transaction without requiring crypto conversion

  • This move supports growing interest in digital payments and helps mainstream stablecoin use in e-commerce

Hidden Gems / Learn & Grow

  • A course for beginners by Microsoft on Artificial Intelligence

Did You Know? AI assistants are poised to outnumber humans. It is predicted that there will be more AI assistants in the world than people.

Till next time.